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Acquisitions take Intertain to new heights in 2014

10th March 2015 10:03 am GMT

Canada’s Intertain Group has posted total revenue of CAD$40.8m for 2014 as a result of the three acquisitions it finalised during the year, although the company recorded a net loss of $26.1m due to costs incurred to finance the purchases.

Revenue consisted of $4.7m from InterCasino’s operational activities as well as $17.3m from a revenue guarantee agreement with Amaya relating to CryptoLogic. A further $17.2m was earned from online bingo business Mandalay Media's activities after July [...]

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